Positive response for government stock issues
The public and institutional investors have responded positively to the latest Government Stock issues.
By closing dates - last Wednesday at 5 p.m. and noon today, the Treasury had received 1,129 applications having a total value exceeding 129 million euros against the authorised sum on issue of 100 million euros (subject to an over-allotment option for an additional amount of 20 million euros.
Out of these applications, the Treasury has accepted a total nominal value of 108,367,600 euros to be allotted among the two stocks on issue as follows:
MGS 5.20% 2020(I) FI issued at 103.50 – 25,550,400 euros and
MGS 3.6% 2013 (IV) FI issued at 99.50 – 82,817,200 euros.
The Treasury said that all subscriptions by the public, amounting to 19,867,600 euors will be accepted in full while the offers by the institutional investors will be allotted in the order of the bid price offered.
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Galea. L
Jun 27th 2009, 08:29
Tonna J.
Zgur mhux mghand il-haddiema Tonna.
Ara ghall-ispekulaturi u r-rovinaturi tal-ambjent, dawk li jmexxu d-drogi, tan-night clubs ecc m'ghandhomx problema fejn jinvestu flushom, imma l-haddiema u l-pensjonanti ma jistghux ilahhqu mal-gholi tal-hajja.
Joseph e Briffa
Jun 26th 2009, 21:04
@Lawrence Schembri...I am afraid you have to do some research and try to understand how the floating of loans system works. If you consult an 0 level books of economics and public finance you will be able to answer your own questions.
R.Gauci
Jun 26th 2009, 20:53
@ Tonna J.
Mhux minghand min ha xi 300 euro zieda fil-gimgha u ghandu interess li l-Gvern jkompli jissellef halli l-pajjiz jkompli jtih l-imghax b'xi 5% inxtraw!!
Dawk ghalihom zgur m'hawnx ghaks!
Tghidx ma xtrawhomx il-haddiema bil-paga minima l-istocks!!
laurence schembri
Jun 26th 2009, 20:11
He who borrow have to pay back. What will happen if the goverment is in deficit like is today when this money (bonds) plus interest have to be paid back in 2013 and 2020? Interesting to know.
Tonna J.
Jun 26th 2009, 19:22
Dawn il-flus min fejn gejjin, daqs kemm hawn ghaks????